Replies to post #24923 on DD Support Board and Research Team

[OlafKjelldsen]

The BBDA board will be interested in this.

Kind of makes you wonder if perhaps the fact that these machines are cited as problematic in North Carolina may eventually be of interest to the BBDA people, as well. BBDA/Bebevco is headquartered in North Carolina.

For people following along at home, BBDA/Bebevco CEO Brian Weber has claimed that when he bought the BBDA shell in April of 2009, that it was encumbered with "undisclosed debt" (To Cornell/Yorkville) from a previous owner: Carnes. Weber has tried to characterize his long time relationship with Hochstedler as a casual friendship, but it's been shown that he was doing business, including attempting to sell shares his race team and PRing EESO as picking up distribution for his prior drink company, Potencia, as far back as 2003. This year, at a Celebrity Gift Lounge at the Superbowl, Jared Hochstedler was photographed holding Bebevco's flagship product and wearing an exhibitor's badge, standing in front of the Bebevco table and posing with Celebs. The company omitted those pics from their gallery of the event on their website in an attempt to cover up the obvious ongoing relationship between Hochstedler and Weber.

This begs the question of why, given the clear current relationship between Carnes and Hochstedler uncovered in this latest court action, it hasn't discouraged Bebevco CEO Brian Weber from inviting Hochstedler to be involved in Bebevco/BBDA. (who recently jacked up their A/S to the equivalent of 2 trillion shares after the October 2010 1000:1 R/S). I'm pretty sure if someone hosed me out of $400K by selling me bad debt, I wouldn't be inviting their business partners to be involved in my business. Unless, of course, the debt wasn't exactly 'undisclosed' to begin with. That debt has been blamed for the 5B>13B dilution that preceded BBDA's surprise R/S in 10/2010, and for much of the post-R/S dilution, which has required the A/S to be jacked up from 15M to 2B in less than a year and a half. Last fall, Bebevco claimed to be free of the dilution associated with that old debt, though current epic dilution to fund "projects" is continuing at an even greater rate than previously seen.